A small number of companies are making a large difference to the performance of lots of KiwiSaver members' investments.
A small number of companies are making a large difference to theperformance of lots of KiwiSaver members' investments.
Funds with exposure to sharemarkets have performed better than those invested in other assets over KiwiSaver's lifetime so far, but what shares they have invested in is important.
Research shows that, in the period of 1990 to the end of December 2020, Spark delivered 12.06 percent of all the gross wealth creation in the New Zealand market, followed by Fisher & Paykel Healthcare with 9.6 percent and Meridian with 8.29 percent.
Globally, Intel was responsible for 17.24 percent of net global accumulated wealth creation during that time, Oracle 18.24 percent and Disney 18.56 percent. Disney delivered the biggest impact but its share price started to drop after the end of the period.
